Holy Family Academy
Analysis
Holy Family Academy is a registered charity in United States, based in Mount Angel, OR. It received its IRS tax-exemption ruling in October 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Holy Family Academy reported income of $403k and spending of $331k, spending 82% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $504k to $403k (-20%), an average of -20% a year. The sharpest change came in the year to June 2024, when income dropped by 20%. Over the whole period it spent 74% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Holy Family Academy sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within OR. Charities of a similar size with the same main cause include Aequo Foundation Inc ($403k), Exceptional Education Outreach Inc ($403k) and Hardin Valley Academy Athletic Council ($403k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 68% of the total. Other salaries and wages came to $242k. At year end it held assets of $962k against liabilities of $241k, net assets of $721k. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 17%
- Program services 68%
- Other 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Aequo Foundation Inc | Baltimore | $403k |
| Exceptional Education Outreach Inc | Miami | $403k |
| Hardin Valley Academy Athletic Council | Knoxville | $403k |
| Drma Foundation | Dayton | $403k |